A new study claims that replacing an electric vehicle battery will soon cost less than fixing the engine of a gas car. This is one of the most notable arguments that supporters of combustion engines use to attempt to disprove the effectiveness of electric vehicles. Recurrent found that the cost of electric vehicle batteries and […]
Lithium News
GM sells stake in Ultium Lansing battery plant to partner LG Energy Solution
General Motors Co. is selling its stake in the Ultium Cells LLC battery plant planned for Lansing to its joint-venture partner LG Energy Solution, the automaker said Monday. GM, which expects to recoup $1 billion from the investment, made the announcement amid a push by executives to be more capital-efficient and make its electric vehicles […]
Replacing an EV battery may cost less than fixing a gas engine by 2030
The potential high cost of EV battery replacements is a major worry for new-car shoppers, but that likely won’t be the case for long, according to battery-analysis firm Recurrent. Recurrent, which produces battery health reports for used EVs, predicts that plummeting new-battery prices will make replacing a battery pack cheaper than repairing a gasoline engine […]
Electric vehicle fires: How worried should we really be?
Electric vehicles (EVs) bring not just environmental promise, but also raise critical safety questions—chief among them, the fire risks posed by their lithium-ion batteries. While indispensable for powering EVs, these batteries present unique challenges, especially in confined spaces like parking garages, where the potential for fires carries significant consequences. At the core of this risk […]
Lightweight, Fast Charging Lithium Sulfur Batteries Unveiled
Researchers at Monash University in Melbourne, Australia, say they have developed lithium sulfur (Li-S) batteries that have twice the energy density of traditional lithium-ion batteries, but that is only half of the story. The other news is that those lithium sulfur batteries can charge and discharge faster than conventional batteries and are also lighter and less costly […]
Trafigura rattles zinc market with huge order for LME metal
Trafigura Group has ordered thousands of tons of zinc out of London Metal Exchange warehouses, fueling a rally in prices, according to people familiar with the matter. Orders to withdraw zinc from warehouses overseen by the exchange have surged by 97,225 tons over the past two days, the biggest jump in more than a decade. […]
